National People’s Congress (NPC) kicked off on March 5 and is set to run until March 11. According to Adam Turnquist, chief technical strategist at LPL Financial, while the NPC may be a rubber stamp…
Tagged By financials
China Blasts Trump’s ‘Two-Faced Acts’, Calls US Tariffs ‘Evil’
China’s top diplomat accused Donald Trump of taking a hypocritical approach to bilateral ties and denounced tariffs, as tensions rise between the world’s largest economies.
China’s top diplomat blasts Trump tariffs as ‘meeting good with evil’ and worries about a return to ‘the law of the jungle’
Yet president Donald Trump’s decision to hike tariffs on Chinese imports to 20%, just six weeks into his term, loomed over the press conference. Pointing to China’s efforts to control flows of …
China’s February bank loans likely to dip from record high: Reuters poll
China’s new yuan loans are expected to have sharply decreased in February from an all-time high in January, a Reuters poll showed on Friday, due to muted credit demand after the boost from …
China’s February bank loans likely to dip from record high
China’s new yuan loans are expected to have sharply decreased in February from an all-time high in January, a Reuters poll showed on Friday, due to muted credit demand after the boost from …
China online shops sell ‘bank soil’ from top institutions for US$120, claims it brings wealth
Bizarre product dug up from outside some of country’s major banks, sales representative claims dirt dissolves ‘bad energy’.
China says it has ‘ample’ policy tools to spur growth
China’s central bank governor Pan Gongsheng said the PBOC will cut interest rates and banks’ reserve requirement ratio at an appropriate time this year.
China’s growth goal will need much stronger stimulus if U.S. trade war intensifies, economists say
Economists say that Beijing may hold off on major stimulus measures until later in the year if growth slows or trade tensions escalate further.
China’s Growth Focus, Stable Yuan Fan Hopes of Better Liquidity
The worst may be over for traders grappling with tight cash conditions in China’s banking system, as the yuan’s rebound and Beijing’s ambitious growth target pave the way for a liquidity boost from …
China’s Bonds See Worst Slide This Year as Rate-Cut Doubts Grow
China’s benchmark sovereign bond yield jumped the most this year as the central bank sowed doubts over further interest-rate cuts and a stock rally lured investors away from government debt.
Calls for more stimulus amid rising trade war
President Xi Jinping has signalled China’s determination to push ahead with an ambitious growth goal this year, despite the trade war.
China’s Biggest State-Owned Banks’ Capital In Focus At Economic Policy Meet
Postal Savings Bank of China Co. Ltd. had 1.28 percentage points of common equity Tier 1 ratio above its regulatory requirement of 8%. Click to read.
China has ample policy room to deal with economic risks, finmin says
China’s finance minister on Thursday left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week in the event the tariff-hit economy veers off its track…
